Eastgroup Properties Stock News

EastGroup Properties, Inc. (NYSE:EGP) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $214.59 and last traded at $214.59, with a volume of 112 shares traded. The stock had previously closed at $211.05. Several analysts have weighed in on the company. Morgan Stanley boosted their price […]

EastGroup Properties with ticker code (EGP) now have 13 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The range between the high target price and low target price is between 200 and 160 with the average target price sitting at 175.77. Now with the previous closing price of 207.59 this would imply there is a potential downside of -15.3%. The 50 day MA is 191.11 and the 200 day MA is 168.7. The market cap for the company is $8,308m. Find out more information at: /> [stock_market_widget type="chart" symbol="EGP" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] EastGroup Properties (NYSE: EGP), an S&P MidCap 400 company, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina. The Company''s goal is to maximize shareholder value by being a leading provider in its markets of functional, flexible and quality business distribution space for location sensitive customers (primarily in the 15,000 to 70,000 square foot range).

Zacks Investment Research cut shares of EastGroup Properties (NYSE:EGP) from a buy rating to a hold rating in a report published on Wednesday morning, Zacks.com reports. According to Zacks, EastGroup Properties is a self-administered real estate investment trust focused on ownership, acquisition and selective development of industrial properties. The company pursues a three-pronged investment strategy []

EastGroup Properties (NYSE:EGP) was downgraded by Zacks Investment Research from a buy rating to a hold rating in a research note issued to investors on Wednesday, Zacks.com reports. According to Zacks, EastGroup Properties is a self-administered real estate investment trust focused on ownership, acquisition and selective development of industrial properties. The company pursues a three-pronged []

Zacks Investment Research upgraded shares of EastGroup Properties (NYSE:EGP) from a hold rating to a buy rating in a report released on Tuesday morning, Zacks.com reports. Zacks Investment Research currently has $231.00 target price on the real estate investment trusts stock. According to Zacks, EastGroup Properties is a self-administered real estate investment trust focused on []

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A number of research firms have changed their ratings and price targets for EastGroup Properties (NYSE: EGP): 11/22/2021 EastGroup Properties had its price target raised by analysts at Morgan Stanley from $175.00 to $215.00. They now have an equal weight rating on the stock. 11/19/2021 EastGroup Properties had its price target raised by []

EastGroup Properties, Inc. (NYSE:EGP) shares hit a new 52-week high during trading on Tuesday after Morgan Stanley raised their price target on the stock from $175.00 to $215.00. Morgan Stanley currently has an equal weight rating on the stock. EastGroup Properties traded as high as $208.34 and last traded at $205.94, with a volume of […]

Brokerages expect EastGroup Properties, Inc. (NYSE:EGP) to post earnings of $1.54 per share for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for EastGroup Properties earnings. The lowest EPS estimate is $1.48 and the highest is $1.59. EastGroup Properties posted earnings per share of $1.38 during the same quarter last year, []

State of Alaska Department of Revenue lifted its position in EastGroup Properties, Inc. (NYSE:EGP) by 16.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 26,650 shares of the real estate investment trusts stock after acquiring an additional 3,815 shares during the quarter. State of Alaska Department of Revenues holdings in EastGroup Properties were worth []

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Wells Fargo Stick to Their Hold Rating for Eastgroup Properties

Shares of EastGroup Properties, Inc. (NYSE:EGP) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $206.89 and last traded at $204.04, with a volume of 177854 shares trading hands. The stock had previously closed at $205.86. Several brokerages have recently issued reports on EGP. Truist Securities boosted []

EastGroup Properties (NYSE:EGP) was downgraded by Zacks Investment Research from a buy rating to a hold rating in a note issued to investors on Wednesday, Zacks.com reports. According to Zacks, EastGroup Properties is a self-administered real estate investment trust focused on ownership, acquisition and selective development of industrial properties. The company pursues a three-pronged investment []

EastGroup Properties, Inc. (NYSE:EGP) shares hit a new 52-week high on Wednesday . The stock traded as high as $206.89 and last traded at $204.04, with a volume of 177854 shares changing hands. The stock had previously closed at $205.86. Several equities research analysts recently weighed in on EGP shares. Royal Bank of Canada raised []